New approaches to generating information about intangible assets in financial statements

Abstract

The article presents the results of a study of methodological approaches to the formation of information about intangible assets in the financial statements of organizations. The program for the development of federal accounting standards involves the adoption of a new standard dedicated to accounting reporting, which will replace the current PBU 4/99 “Accounting reporting of an organization” and will also contain rules for drawing up explanations for reporting, including additional information about accounting objects, in particular about intangible assets. In order to implement this Program, Project FSBU 4/2023 “Accounting (financial) reporting” has been developed. This article presents the results of a study of new approaches to the generation of reporting information on intangible assets contained in this Project. The results of a comparison of the rules for the formation of reporting information on intangible assets set out in the FSBU 4/2023 Project with the regulations for reflecting such information in PBU 4/99 “Accounting statements of an organization”, in Order of the Ministry of Finance of Russia No. 66n dated July 2, 2010 “On forms of financial statements of organizations” and in FAS 14/2022 “Intangible assets”. Both expedient and controversial aspects of methodological approaches to the formation of reporting information on intangible assets are substantiated. Recommendations for resolving controversial aspects are presented.